But as 2020 ends, German firms are feeling surprisingly festive.

New figures out Friday show a sharp rise in morale.

December's FO Business climate index jumped to 92.1 when analysts had forecast a drop.

Economists say a combination off government aid and strong exports to China has limited damage from lockdowns.

Andi Foe, President Clemens First says good news definitely isn't limited to overseas shipments.

Domestic industries like transport and logistics have done well, he says.

Thanks to good industrial activity and also online trading.

New numbers suggests Germany could avoid an economic contraction in the fourth quarter.

There are caveats, though.

Many firms submitted their survey responses before Germany's latest locked down kicked in.

And then there is the question off a post Brexit trade deal for Britain.

Ah, big market for German goods.

Michael Schmidt is president off the British Chamber of Commerce in Germany.

Opposition upcoming game.

Whether there is a deal or not, there will be massive changes at the start of the year.

Many businesses and members of the British Chamber of Commerce in Germany are telling us that they expect January to be bumpy, and that's putting it very diplomatically.

Diplomatic.

Germany's government has provided billions of euros in aid to support companies, families and freelancers, but the country is now in another hard locked down due to last until January 10th.

Next month's business morale may depend on that date not getting pushed back.